The details of the Korean peace treaty were recorded on the Ethereum Blockchain by a South Korean developer, reported Coindesk on May 2.
Ryu Gi-Hyeok, a 27 years-old South Korean developer, coded the Panmunjom Declaration including every detail of the declaration. “There will be no more war on the Korean peninsula” was recorded in both English and Korean in two different ETH transactions.
The immutability of the blockchain will give the public access to the details of the peace treaty forever.
Another interesting detail recorded on the blockchain is that “South and North Korea will make joint efforts to alleviate the acute military tension and practically eliminate the danger of war on the Korean Peninsula.”
“I just thought it took too long for the South and the North to give way to each other … After finding out what I could contribute to this historic achievement as a developer, I found the Panmunjom Declaration on the Blue House homepage and recorded it on ethereum,” mentioned Ryu to Coindesk.
Another project Ryu is working on is a website in which it will “keep all historic records permanent and immutable” on a distributed ledger.